How much do state-owned public enterprises contribute to public sector deficits in developing countries - and why?
The present paper is the product of an effort to systematize some of the state owned enterprise (SOE) data that have become available recently. Part one of the paper begins by examining the role of SOEs on aggregate value added and investment, during the 1980-85 period in developing countries. This part of the paper is comparative in nature and emphasizes the empirical dimensions of SOE contributions to macroeconomic aggregates rather than on strategies for reforming SOEs that have been discussed extensively elsewhere. Part two of the paper sets out the detailed data used summarily in part one and presents notes on methodology and data definitions for individual countries. As most of the data assembled for this paper has not been systematized or published previously, part two opens up several avenues for further analysis. In particular, since institutional differences limit the comparability across countries of the financing mechanisms of SOEs, much of the data in part two can also be used for country specific rather than cross country analysis as was done in part one.
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